RECEIPT This receipt acknowledges full payment, and unconditional release of the following items: We _____ (Name of Payee) acknowledge the receipt/payment of ___ (Amount) ($___) from ___ (Name of Payer) fulfilling all of the terms of the original agreement dated ___ (Date).

STRUCTURE OF PAYMENT DUE The following shall apply as a legally binding addendum to the contract made between _______ agrees to pay ____ the following amount of ___ dollars ($__) on ____ and __, has the option to create the following conditions: ____

This serves to confirm our agreement of __ (month & day), _ (year) in which you acknowledge the outstanding overdue debt of ____ ($_) to our company. We further agreed that I would receive the first payment by __ (month & day), _ (year) and each successive payment every ____ thereafter. Finally, would you acknowledge our agreement by signing the enclosed copy and returning it to me in the enclosed self-addressed envelope.

Subtract Amortization Payment from Beginning Balance to get Balance. For the next year subtract Amortization Payment from last year's Balance to get new Balance. Balance column is ending balance for one year and beginning balance for next year.

CANCELLATION OF STOP PAYMENT ORDER On _(month &amp; day), __(year) we advised you to stop payment on the following check: You may now honor and pay said check upon presentment since we are canceling this previously issued stop-payment order.

Promissory note. A promissory note has been given by vendee and received by vendor, not as payment of the purchase price, but as evidence of the amount due under this agreement. The purchase price shall not be considered paid until the promissory note has been paid in full.

In the event of default of any installment, seller or h- assignee may declare the entire principal sum under this contract immediately due and payable. Purchaser agrees to pay a late charge of the lesser of $___ or ___% of any installment which is not received within ___ days of the due date. Purchaser agrees to pay, to the extent permitted by law, all reasonable costs of collection, including 15 percent of the unpaid balance as attorney's fees if collected by law or through an ...

Installment payment-Time. Purchaser agrees to pay the total amount of $___, in ___ consecutive monthly installments of $___ and one final installment of $___, the first installment being payable on ___, ___[date], and all subsequent installments on the same day of each month until paid in full.